Wall Street brokerages forecast that HD Supply Holdings Inc (NASDAQ:HDS) will report $0.44 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for HD Supply’s earnings. The lowest EPS estimate is $0.42 and the highest is $0.48. HD Supply also reported earnings per share of $0.44 in the same quarter last year. The firm is scheduled to issue its next quarterly earnings results before the market opens on Tuesday, March 13th.

According to Zacks, analysts expect that HD Supply will report full-year earnings of $2.27 per share for the current fiscal year, with EPS estimates ranging from $2.24 to $2.35. For the next financial year, analysts expect that the firm will report earnings of $2.84 per share, with EPS estimates ranging from $2.50 to $3.09. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for HD Supply.

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HD Supply (NASDAQ:HDS) last released its quarterly earnings results on Tuesday, December 5th. The industrial products company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.75 by $0.05. HD Supply had a return on equity of 41.89% and a net margin of 16.55%. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same period last year, the business posted $0.83 earnings per share. The company’s quarterly revenue was up 7.5% on a year-over-year basis.

Several research analysts have recently commented on HDS shares. BidaskClub upgraded HD Supply from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Zacks Investment Research upgraded HD Supply from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Thursday, December 7th. ValuEngine upgraded HD Supply from a “hold” rating to a “buy” rating in a research report on Tuesday, December 5th. SunTrust Banks restated a “hold” rating and set a $42.00 price target on shares of HD Supply in a research report on Thursday, December 7th. Finally, Barclays started coverage on HD Supply in a research report on Thursday, February 15th. They set an “overweight” rating and a $44.00 price target for the company. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $39.21.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB boosted its holdings in HD Supply by 133.7% in the 4th quarter. Xact Kapitalforvaltning AB now owns 38,217 shares of the industrial products company’s stock valued at $1,530,000 after purchasing an additional 21,866 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in HD Supply by 219.3% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 281,088 shares of the industrial products company’s stock valued at $11,252,000 after purchasing an additional 193,043 shares in the last quarter. DF Dent & Co. Inc. purchased a new stake in HD Supply in the 4th quarter valued at approximately $705,000. Gotham Asset Management LLC boosted its holdings in HD Supply by 2,403.3% in the 4th quarter. Gotham Asset Management LLC now owns 615,853 shares of the industrial products company’s stock valued at $24,653,000 after purchasing an additional 591,251 shares in the last quarter. Finally, Verition Fund Management LLC boosted its holdings in HD Supply by 176.0% in the 4th quarter. Verition Fund Management LLC now owns 19,401 shares of the industrial products company’s stock valued at $777,000 after purchasing an additional 12,371 shares in the last quarter. 98.10% of the stock is currently owned by hedge funds and other institutional investors.

HD Supply (HDS) traded down $0.08 on Friday, hitting $36.16. The stock had a trading volume of 1,228,900 shares, compared to its average volume of 2,205,096. HD Supply has a 1-year low of $28.97 and a 1-year high of $44.49. The stock has a market capitalization of $6,810.00, a price-to-earnings ratio of 30.58, a P/E/G ratio of 0.64 and a beta of 1.28. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.80 and a current ratio of 2.80.

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HD Supply Company Profile

HD Supply Holdings, Inc is an industrial distributor in North America. The Company’s segments include Facilities Maintenance, Construction & Industrial-White Cap, and Corporate. As of January 29, 2017, the Company operated through approximately 500 locations across 48 states in the United States and six Canadian provinces.